🚀 Siemens Issues Second Digital Bond Worth 300 Million Euros
#Siemens #DigitalBond #Blockchain #DLT #Euro #CentralBank #SWIAT #TARGET2 #Settlement #Technology
According to Odaily, German technology giant Siemens has announced the issuance of its second digital bond, valued at 300 million euros. This bond issuance utilizes SWIAT's permissioned blockchain technology and is part of the European Central Bank's wholesale distributed ledger technology (DLT) settlement experiment. The one-year bond employs Germany's Trigger solution, enabling automated central bank payments through the TARGET 2 system, significantly reducing settlement time to just a few minutes. In contrast, Siemens' previous issuance of a 60 million euro bond on the Polygon blockchain took two days to settle.#Siemens #DigitalBond #Blockchain #DLT #Euro #CentralBank #SWIAT #TARGET2 #Settlement #Technology
🚀 German State Issues €50 Million Commercial Paper Using Blockchain Platform
#Germany #SaxonyAnhalt #CommercialPaper #Blockchain #DeutscheBörse #Clearstream #DLT #EuropeanCentralBank #WholesaleSettlement #Target2
According to Odaily, the Ministry of Finance of Saxony-Anhalt in Germany has issued €50 million worth of commercial paper using Deutsche Börse's Clearstream D7 platform. This issuance is part of the European Central Bank's wholesale DLT settlement experiment. Jens Hachmeister from Clearstream stated that the transaction was settled using the German central bank's trigger payment solution. The trigger solution is designed to interoperate with blockchain to support DLT payments, triggering payments on the TARGET2 real-time gross settlement system.#Germany #SaxonyAnhalt #CommercialPaper #Blockchain #DeutscheBörse #Clearstream #DLT #EuropeanCentralBank #WholesaleSettlement #Target2
🚀 Federal Reserve Governor Bowman Comments on Inflation Levels
#FederalReserve #GovernorBowman #Inflation #Target2% #ChainCatcher
According to ChainCatcher, Federal Reserve Governor Bowman stated that the current underlying inflation level is closer to the Federal Reserve's 2% target.#FederalReserve #GovernorBowman #Inflation #Target2% #ChainCatcher